Relationship between operating leverage and ROI Variables DFL ROI Pearson correlation 1 -0.161 DOL Sig 0.839 N 4 4 Pearson correlation -0.161 1 ROI Sig 0.839 N 4 4 The above table reveals that the correlation coefficient among Degree of operating leverage and Return on investment is -0.161 which is statistically not significant at level of 0.001 level of significance(p value= 0.839) . It is witnessed that operating leverage is negatively correlated…
LITERATURE REVIEW 2.0 Introduction This chapter provides a review of previous study which is related to generation Y, characteristics of generation Y, the differences between generation X and generation Y, level of income adequacy, and expenditure pattern. 2.1 Generation Y 2.1.1 Who is generation Y? The word of “Generation Y” comes from the Advertising Age magazine since 1993. Generation Y, Boomlets, Echo Boomers, Millennial Generation or Internet Generation (Cameron, 2007) are those…
I can learn the genre of writing in the field of accounting through writing this rhetorical analysis. I am going to analyze the article which is called “Post-Public Accounting Careers” by Alexander L. Gabbin and Espey T. Browning; it is a published in August 2016, CPA Journal. Those authors used many different rhetorical appeals and rhetorical…
Circuit City The Failure of Circuit City Jake Johnston Mars Hill University Abstract Circuit City started out in 1949 as “Wards Company.” Within ten years, the store brought in $1 million per year. In 1965 Wards expanded through the acquisition of other television and home appliance stores; their move of horizontal expansion helped with their success. In 1984, Wards became Circuit City Stores, Inc. and became publicly traded on the New York Stock Exchange. From the year of 1949 until 2009…
product than they would have without this bribery scheme. The doctors benefitted by getting incentives to prescribe the drugs. Part of the bribery scheme was they offered free vacations and various valuable electronic products. For example, they accepted the free paid vacations and the money for their vacation expenses, along with IPads, laptops etc. The traveling agency C.C.T bribed Mark Reilly with sex to acquire more business to gain (Barboza, New York Times, 2016). Since the whistleblower…
Problem statements There are two sets of concepts that shall not be confused: social market verse monetary market; extrinsic incentives (motivations) and intrinsic incentives (motivations). Although they are also firstly studied by psychologists, they have significant differences. The major difference between the “social market” and the “monetary market” is simple: It depends on whether or not “money” is involved. (Heyman & Ariely, 2004) In terms of our experiment, I argue that knowledge can…
6.5. FINANCIAL ANALYSIS TABLE 6.1: Differential costs associated with the year-long operation of 16 boxes. Differential costs are recurring incremental expenses incurred by Western because of Purple Recycling. Differential Cost Analysis For the year-long operation of 16 boxes Assumption Utilities Expense $0.84 USD / year / box [11] 17.07 Server Hosting Expense $50 / month [12] 600.00 Maintenance Expense $150/year/machine [13] 2,400.00 Wages Expense 10 minutes to empty each box, 4 times…
efficacy. Vouching is when the auditors select sample items from accounting records then search for external source documents to support these transactions. For instance, the auditors might verify the substance of the journal entries made by their clients by examining the vendor’s invoices and receiving reports as a supporting documents. Concurrently, if the auditors receive the vendor’s invoices first and then match with the accounting records, this called as…
Fungible Treasury Bills (T-Bills) Product sheet Fungible Treasury Bills (T-Bills) are government short-term debt securities issued by way of invitation to tender. A fungible security can be issued, the first time, in form of a fixed size then subsequent issues are matched. Every new security issued is attached to the previous with the same characteristics (nominal unit, maturity date, basis for interest calculation). Only rates and issuance dates change. Fungibility increases the size of…
Therefore our Cost of Excess Capacity is 235.600 (19% of Total Quality Control Costs). When we calculate assuming that there are no alternatives uses for the resources tied up in the quality control process, we are essentially stating that since we are not utilising the capacity which we paid a fixed cost for, we are incurring the cost of having it available and not using it. The inability to effectively utilise this excess capacity in another engagement demonstrates the company’s inability to…